Broker McGill offers property war reinsurance for Ukraine
LONDON (Reuters) – Broker McGill and Partners has launched a commercial property war risk reinsurance programme for Ukraine, which it said on Thursday was the first of its kind since Russia’s invasion of the country in Feb 2022. Companies in…
Asia dollar bond volumes seen rising 20% as China deals gather pace
By Scott Murdoch SYDNEY (Reuters) – Asian dollar bond issuance is expected to rise around 20% in 2025 over last year, driven by Chinese debt deals and as U.S. interest rate cuts make it more affordable for companies to issue…
Analysis-India’s Modi looks to new economic playbook as risks mount
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) – After world-beating economic growth last year, India’s policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally….
Tanzania central bank holds key interest rate unchanged at 6%
DAR ES SALAAM (Reuters) – Tanzania’s central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting. When it launched the rate in January 2024, the bank set it at…
Factbox-China’s economic stimulus measures since September
BEIJING (Reuters) – China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy document showed on Wednesday. The…
EU warns of ‘serious blow’ from Trump on climate change
By Kate Abnett and Christian Levaux BRUSSELS (Reuters) – Global efforts to address climate change will be dealt a severe blow if U.S. President-elect Donald Trump again pulls the country out of the Paris Agreement, the EU’s head of climate…